First Fidelity Lending’s Brian Garrahan knows that the terminology of construction surety bonds can be confusing. Garrahan explains that a surety or surety bond is a promise by one party to assume responsibility for the debt obligation of a borrower if that borrower defaults. The person or company that provides this promise is also known as a surety or guarantor.

Location

Bayton Beach, Florida

Disciplines

• Business

Affiliation

First Fidelity Lending

Website

http://www.briangarrahan.com